Financial Accounting (2024-25)
By Vijay Adarsh
Validity
31st March
Available in
Android App / Download Link
Runs on
Windows Computer or Android Mobile
Package
Video Lectures + Soft Copy (Pdf) of Study Material
Doubt support
Through Chat or WhatsApp
Delivery
Within 24 hrs of Payment
Language
Hinglish
Duration
60+ Hours
Lectures
101 lectures
About this course
B Com Prog: Financial Accounting
01. This Course will cover the full syllabus of Financial Accounting
02. We have discussed in-depth concepts and solved Practical Questions
03. We have followed J R Monga Book
04. This Course will cover Delhi University
05. This Course will Valid up to 31st March
06. Notes will be provided in PDF format
07. You may Ask your doubts through WhatsApp
08. All Lectures are in Hindi and English Mixed Language
"We not only teach concepts but also discuss many conceptual questions asked in past exam through step-by-step video tutorials in Hindi & English"
This Course is specially prepared for Delhi University students which is recorded in the presence of many students. Every doubt and confusion of students are discussed and cleared in the video.
You will enjoy each and every video like you are learning in face-to-face tuition.
Any Further Query: Call / WhatsApp +91 92 68373738
Complete Financial Accounting - Class B Com Prog Syllabus:
Chapter: 1 Preparation of Final Accounts (Sole Trader)
Chapter: 2 Financial Statement of Not-For-Profit-Organisation
Chapter: 3 Accounting for Property, Plant and Equipment & Depreciation
Chapter: 4 Depreciation Accounting
Chapter: 5 Accounting for Hire Purchase
Chapter: 6 Accounting for Leases
Chapter: 7 Inland Branches
Chapter: 8 Departmental Accounting
Chapter: 9 Partnership Accounts: An Overview
Chapter: 10 Dissolution of Partnership Firms
Course syllabus
11 chapters · 101 lectures · 71h 31m total
Chapter 1: Preparation of Final Accounts (Sole Trader) 13 lectures · 571 min ⌄
- ▶ 01: Accounting Terms - Capital and Revenue Expenditures, Deferred Revenue Expenditures, Capitalised Expenditure, Calculation of Gross profit and Net profit, SL Examples 39 min
- ▶ 02: Format of Trading A/c, Preparation of Trading A/c, Format of Trial Balance, Preparation of Trial Balance, Format of Manufacturing A/c, Solution of Practical Questions 41 min
- ▶ 03: Preparation of Manufacturing A/c, Format of Profit and Loss A/c, Preparation of Profit And Loss A/c, Format of Balance Sheet, Preparation of Balance Sheet, SL Examples 45 min
- ▶ 04: Grouping and Marshalling of Balance Sheet Items, Balance Sheet (In Order Of Liquidity) and (In Order Of Permanence), Preparation of Final A/c, Solution of Practical Questions 43 min
- ▶ 05: Consideration of Some Important Points While Preparing the Final Accounts, Difference b/w Adjusting Entries and Closing Entries, Solution of Practical Questions 47 min
- ▶ 06: Golden Concept – Adjustments appearing inside the Trial balance, Adjustment Entries – Closing Stock, Accrued Income, Provision for doubtful debts, Solution of Practical Questions 50 min
- ▶ 07: Accounting Treatment – Goods sent on Approval basis, Cheque dishonoured and Cheque received, Omitted Purchases, Interest on Capital, Loss by Fire Partly Insured, Over-Casting of Stock, Works Manager’s commission, Outstanding Income, Cost Price and Sale price 45 min
- ▶ 08: Golden Concept – Adjustments appearing outside the Trial balance, Calculation of Net Profit Before Commission or After Commission, Solution of Practical Questions 39 min
- ▶ 09: Golden Concepts on Miscellaneous Adjustments appearing in the trial balance for Prepare Final Account, SL Examples, Solution of Practical Questions 37 min
- ▶ 10: Golden concepts for define Direct Expenses and Indirect Expenses, Solution of Practical Questions 45 min
- ▶ 11: Prepare Financial Statements, Golden Hints to solve Questions, SL Examples, Solution of Practical Questions 53 min
- ▶ 12: Prepare Trading Account, Profit and Loss Account and Balance Sheet, SL Examples, Solution of Practical Questions 47 min
- ▶ 13: Important Formula- Cost of Goods sold, Operating Profit, Operating Cost, Gross Profit, Net Profit, Golden Hint, Solution of Practical Questions 40 min
Chapter 2: Financial Statements of Non-Profit Organisations 12 lectures · 477 min ⌄
- ▶ FREE 51 min
- ▶ 02: Adjustments in NPO, Calculation of Missing Figures, Calculation of Expenses related to Current Year, Calculation of Income related to Current Year, Solution of Practical Questions 47 min
- ▶ FREE 39 min
- ▶ 04: Pro-forma of Receipts and Payments A/c, Pro-forma of Income and Expenditure Account, Balance sheet (pro-forma), Solution of Practical Questions 36 min
- ▶ 05: Preparation of Receipts and Payments Account, Preparation of Income and Expenditure Account, Preparation of Balance Sheet, Solution of Practical Questions 40 min
- ▶ 06: Preparation of Receipts and Payments Account, Preparation of Income and Expenditure Account, Preparation of Balance Sheet, SL Examples, Solution of Practical Questions 47 min
- ▶ 07: Type of Questions in NPO, Case 1 – When in NPO questions given Receipts and Payments Account and Adjustments and required to Prepare Income and Expenditure Account and Balance Sheet (closing), Solution of Practical Questions 38 min
- ▶ 08: Case 1 – When in NPO questions given Receipts and Payments Account and Adjustments and required to Prepare Income and Expenditure Account and Balance Sheet (closing), Solution of Practical Questions 37 min
- ▶ 09: Case 2 – When in NPO questions given Receipts and Payments Account and Adjustments and required to Prepare Income and Expenditure Account and Balance Sheet (closing), Solution of Practical Questions 35 min
- ▶ 10: Case 2 – When in NPO questions given Receipts and Payments Account and Adjustments and required to Prepare Income and Expenditure Account and Balance Sheet (closing), Solution of Practical Questions 32 min
- ▶ 11: Case 3 – When in NPO questions given Income & expenditure A/c and Adjustments and required to Prepare Receipts & Payments A/c, Balance Sheet (Closing), Solution of Practical Questions 38 min
- ▶ 12: Case 4 – Given in questions – Balance Sheet (Opening) and Balance Sheet (Closing) :- Required to prepare Receipts & Payments A/c and Income & Expenditure A/c, Solution of Practical Questions 37 min
Chapter 3: Depreciation Accounting 8 lectures · 344 min ⌄
- ▶ 01: Rate of Depreciation, Format of Machinery A/c, Format of Provision for Depreciation A/c, Methods of Charging Depreciation – SLM and DBM, Solution of Practical Questions 39 min
- ▶ 02: Preparation of Assets A/c, Preparation of Assets Disposal A/c, Preparation of Provision for Depreciation A/c, Solution of Practical Questions 47 min
- ▶ 03: Calculation of Additional Depreciation, Calculation of Profit or Loss on Sale of Machine, Calculation Of Depreciation When Methods of Providing Depreciation Change, SL Examples 51 min
- ▶ 04: Straight Line Method, Diminishing Balance Method, Change of Method Retrospectively, Change of Method Prospectively, Solution of Practical Questions 36 min
- ▶ 05: Fixed or Equal Instalment Method, Written Down Value Method or Reducing Balance Method, Dismantling Charges, Accumulated Depreciation, Solution of Practical Questions 47 min
- ▶ 06: Calculation of Revaluation Reserve, Calculation of Book value of Machine, How to Calculate Depreciation if Method of Depreciation Change, Solution of Practical Questions 40 min
- ▶ 07: Accounting Treatment - Assets A/c, Depreciation A/c, Provision of Depreciation A/c, Assets Disposal A/c, Prepare Machinery Disposal A/c, Solution of Practical Questions 45 min
- ▶ 08: Accounting Treatment - Assets A/c, Depreciation A/c, Provision of Depreciation A/c, Assets Disposal A/c, Prepare Machinery Disposal A/c, Solution of Practical Questions 39 min
Chapter 4: Inventories 4 lectures · 162 min ⌄
- ▶ 01: Objectives of Inventory Valuation, Methods of Valuation of Inventories, Formula of Cost of Goods Sold, Calculation of Gross Profit, Solution of Practical Questions 35 min
- ▶ 02: Periodic Inventory system, Perpetual Inventory System, First-in, first-out (FIFO), Last-in-first-out (LIFO), Weighted Average Cost Method, Solution of Practical Questions 40 min
- ▶ 03: Steps follow in First-in-First-Out (FIFO) Method, Steps follow in Last-in-First-Out (LIFO), Calculation of value of closing stock, Solution of Practical Questions 38 min
- ▶ 04: Calculating Cost of ending inventory, Calculation of cost of sales, Calculation of Cost of purchase, Solution of Practical Questions 49 min
Chapter 5: Accounting for Hire Purchase 11 lectures · 484 min ⌄
- ▶ FREE 41 min
- ▶ 02: Table format for Calculation of Interest, Calculation of Interest when rate of Interest Missing, Compute Allocation of Instalment Money, Solution of Practical Questions 47 min
- ▶ 03: Accounting Treatment in Hire Vendor’s Book, Accounting Treatment in Hire Purchaser's Book, Golden Journal Entries, Solution of Practical Questions 45 min
- ▶ 04: Preparation - Hire Vendor Account, Assets Account, Hire Purchaser Account, Goods Repossessed Account, Interest Account, Solution of Practical Questions 37 min
- ▶ 05: Calculate amount of interest, Calculate total cash price, Calculate Hire Purchase Price, Full Repossession, Partial Repossession, Solution of Practical Questions 49 min
- ▶ 06: Loss on sale of goods repossessed, Calculation in Partial Repossession, Calculation in Full Repossession, Calculation of Repossession Amount, Solution of Practical Questions 38 min
- ▶ 07: Calculation of value of machine retained, calculation of value of machine returned, Calculation of remaining assets, Solution of Practical Questions 48 min
- ▶ 08: Stock and Debtors System, Hire Purchase Trading Account at cost Price, Hire Purchase Trading Account at Selling price, Solution of Practical Questions 52 min
- ▶ 09: Calculation of Missing Figure, Stock in the Shop Account, Stock with Customers Account, Instalment Due Account, Solution of Practical Questions 44 min
- ▶ 10: Accounting Treatment - Stock and Debtors System, Stock Reserve Account, Hire Purchase Adjustment Account, Solution of Practical Questions 38 min
- ▶ 11: Hire Purchase Trading Account at selling Price, Hire purchase Debtors Account, Hire Purchase Stock Account, Solution of Practical Questions 45 min
Chapter 6: Accounting for Lease 6 lectures · 260 min ⌄
- ▶ 01: Purchasing and Leasing an Asset, Different Terms – Lessor, Discounted rate, Minimum Lease payment, Lease period, Guaranteed & Unguaranteed Residual value, SL Examples 49 min
- ▶ 02: Fair value, Operating or Non-Pay Out Lease, Financial or Full Pay out Lease, Calculation of Present Value of minimum lease payment, Solution of Practical Questions 42 min
- ▶ 03: Important Formula – Unearned Finance Income, Net Investment in Lease, Total Earning of lessor, Golden Hints, Solution of Practical Questions 41 min
- ▶ 04: Calculation of Gross Investment in Lease, Accounting for Financial Lease (Books of Lessee), Interest Rate Implicit on Lease, Solution of Practical Questions 39 min
- ▶ 05: Prepare Purchase Account, Prepare Lease Rent Account, Prepare Profit and Loss Account, Solution of Practical Questions 47 min
- ▶ 06: Compute Annual Lease Rent, Calculate Depreciation, Accounting for Financial Lease, Accounting for Operating Lease, Solution of Practical Questions 42 min
Chapter 7: Inland Branches (Branch Accounting) 11 lectures · 483 min ⌄
- ▶ 01: Meaning of Branch Accounting, Methods of Accounting – Debtors system and Stock & Debtor system, Golden Journal Entries, Solution of Practical Questions 45 min
- ▶ 02: Accounting Treatment in the Book of Head Office, Format of Branch A/c, Format of Branch Debtor A/c, Format of Branch Stock A/c, Golden Hint, Solution of Practical Questions 42 min
- ▶ 03: Memorandum Branch Debtors Account, Goods Sent to Branch A/c, Branch Stock Account, Branch Adjustment Account, Golden Hints, Solution of Practical Questions 39 min
- ▶ 04: Branch Profit and Loss Account, Branch Expenses Account, Branch Asset Account, Treatment of Surplus or Small Gains, Solution of Practical Questions 37 min
- ▶ 05: Accounting Treatment of Stock-Debtors System, Prepare Branch Account at Cost Price, Calculation of Invoice Price, Calculation of Loading Amount, Solution of Practical Questions 45 min
- ▶ 06: Prepare Branch Account at Invoice Price, Calculation of shortages, Journal Entries for Adjustment of Profit margin, Solution of Practical Questions 41 min
- ▶ 07: Format of GSTB A/c, Format of Branch Expenses A/c, Format of Petty Cash A/c, Format of Branch Debtors A/c, Format of Branch Cash A/c, Solution of Practical Questions 47 min
- ▶ 08: Format of Branch Stock A/c, Format of Branch Adjustment A/c, Format of Branch Profit and Loss Account, Solution of Practical Questions 44 min
- ▶ 09: Accounting For Dependent Branches, Calculation of Debtors at the end, Calculate invoice price of goods, Solution of Practical Questions 50 min
- ▶ 10: Prepare Branch Stock A/c, Prepare Branch Profit & Loss A/c, Prepare Branch Cash A/c, Prepare Branch Adjustment A/c, Solution of Practical Questions 51 min
- ▶ 11: Questions solve by Debtors System, Questions solve by Stock and Debtors System, Solution of Practical Questions 42 min
Chapter 8: Departmental Accounting 5 lectures · 211 min ⌄
- ▶ FREE 39 min
- ▶ 02: Formula for Stock Reserves, Calculation of Rates of Gross Profit, Calculation of Cost Price, Calculation of Unrealised Profit, Solution of Practical Questions 42 min
- ▶ 03: Calculation of Stock Reserves, Calculation of percentage of Gross Profit on turnover, Calculation of Department – wise units of opening stock, Solution of Practical Questions 47 min
- ▶ 04: Prepare Departmental Trading and Profit & Loss Account, Statement showing Net profit of Each Department, Solution of Practical Questions 42 min
- ▶ 05: Calculate the closing stock of the respective departments, Calculate Gross Profits for the two Departments separately, Solution of Practical Questions 41 min
Chapter 9: Partnership Accounts: Fundamentals, Admission, Retirement and Death of a Partner 18 lectures · 794 min ⌄
- ▶ 01: Calculation of Profit Sharing Ratio, Calculation of Interest on Drawings, Calculation of Interest on Capital, Solution of Practical Questions 39 min
- ▶ 02: Calculation of Interest on Loan, Calculation of Manager’s salary after commission, Format of Partners Capital A/c, Solution of Practical Questions 44 min
- ▶ 03: Prepare Capital A/c, Prepare Fixed Capital A/c, Fluctuating Capital A/c, Format of Profit and Loss Appropriation Account Solution of Practical Questions 41 min
- ▶ 04: Prepare Profit and Loss Appropriation A/c, Calculation of Partners Salaries, Prepare Partners Loan Account, Solution of Practical Questions 47 min
- ▶ 05: Calculation of Capital Ratio, Guarantee of Profit to a Partner, Solution of Practical Questions 35 min
- ▶ 06: Calculation of Interest on partner’s loan, Prepare Statement showing Balances of Capital at the End, Solution of Practical Questions 39 min
- ▶ 07: Journal Entries – Interest on Drawings, Interest on Capital, Partners salary, Prepare Partners Capital Accounts, Calculate Capital Ratio, Solution of Practical Questions 52 min
- ▶ 08: Changes in Profit Sharing Ratio, Methods of Valuation Of Goodwill, Calculation of amount transferred to Current Account, Solution of Practical Questions 48 min
- ▶ 09: Accounting Treatment of Goodwill, Revaluation of Assets And Liabilities, Adjustments Regarding Capital, Adjustments of Joint Life Policy, Solution of Practical Questions 47 min
- ▶ 10: Calculation of changes in Profit Sharing Ratio, Revaluation of assets and Reassessment of Liabilities, Distribution of accumulated profits, Solution of Practical Questions 35 min
- ▶ 11: Calculation of Value of goodwill, Calculation of Gaining or Benefit Ratio, Adjustments of Capital, Solution of Practical Questions 42 min
- ▶ 12: Calculation of Profit on the date of Retirement/Death, Accounting Treatment for Undistributed Profits and Reserves, Solution of Practical Questions 46 min
- ▶ 13: Prepare Statement showing required adjustment for Goodwill, Calculation of New Profit Sharing Ratio, Calculation of Sacrificing Ratio, Solution of Practical Questions 47 min
- ▶ 14: Number of Year’s Purchase of Average Profit Method, Number of year’s purchase of past profits, Number of years purchase of super profits, Solution of Practical Questions 52 min
- ▶ 15: Prepare Premium Account, Calculation of Average Profits, Calculation of Capital Employed, Calculation of Adjusted Profits, Solution of Practical Questions 40 min
- ▶ 16: Calculation of Weighted Average Profits, Calculation of Hidden Goodwill, Calculation of share of goodwill, Solution of Practical Questions 53 min
- ▶ 17: Accounting Treatment – Incoming partner brings goodwill in cash but it is withdrawn by old partners, Calculation of Value of Goodwill, Solution of Practical Questions 42 min
- ▶ 18: Accounting Treatment – Revaluation of Assets and Liabilities, Prepare Revaluation Account, Prepare Memorandum Revaluation A/c, Solution of Practical Questions 45 min
Chapter 10: Dissolution of Partnership Firm 12 lectures · 505 min ⌄
- ▶ FREE 38 min
- ▶ 02: Accounting Treatment - Realisation Expenses, Unrecorded Assets and Liabilities, Goodwill Purchased by Partner, Loan from Partner’s Wife, Assets given to Creditor, Solution of Practical Questions 47 min
- ▶ 03: Format of Realisation Account, Golden Hints, Prepare Partners Capital A/c, Prepare Cash A/c, Prepare Realisation A/c, Prepare Partner Loan A/c, Solution of Practical Questions 49 min
- ▶ FREE 37 min
- ▶ 05: Journal Entries - Expenses on Dissolution, Closing Realisation A/c, Closing the A/c of various Assets and Liabilities, Calculation of Insolvency Loss, Solution of Practical Questions 38 min
- ▶ 06: Accounting Treatment - When All Partners Insolvency, Prepare Deficiency Account, Prepare Partners Capital Account, Solution of Practical Questions 39 min
- ▶ 07: Golden Concepts, Prepare Partners Capital A/c – When capital are fixed and When capital are fluctuating, Golden Journal Entries, Solution of Practical Questions 47 min
- ▶ 08: Calculation of Adjusted Capital Ratio, Prepare Bank Overdraft Account, Prepare Creditors Account, Prepare Bank Account, Solution of Practical Questions 38 min
- ▶ 09: Methods of Piecemeal Distribution, Proportionate or Surplus Capital Method, Maximum Possible Loss Method, Solution of Practical Questions 39 min
- ▶ 10: Distribution in the Profit-sharing Ratio, Distribution in the Capital Ratio, Calculation of Surplus Capital, Solution of Practical Questions 42 min
- ▶ 11: Prepare Statement showing Piecemeal Distribution, Prepare Statement showing Piecemeal distribution of cash, Solution of Practical Questions 49 min
- ▶ 12: Prepare Statement showing the Distribution of Gradual Realisations, Calculate Maximum Possible Loss, Solution of Practical Questions 42 min
Chapter 10: Dissolution of Partnership Firm 1 lectures · 0 min ⌄
- ▶ FREE
Your teacher
Vijay Adarsh
Vijay Adarsh is a Successful Online Educator and Coach. He is the most enthusiastic, dynamic, informative, and result oriented coach. He is a commerce graduate from Delhi University. After completing B.com (Hons) from Delhi University, he completed his post-graduation and LLB. He started teaching students and motivating people at the age of 17 and possesses vast experience of teaching for more than 21 Years.
Awards:
"Gems of India Award" from K. G. Balakrishnan (former Chief Justice of India, Supreme Court) in Constitution Club of India, New Delhi, India.
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